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Short Answers
1. How would a manager use economic theory to determine profit-maximizing price for a service or product?
2. What is the process of target costing? How is target cost calculated?
Describe movie theatres Competitive Strategy. How do you stay competitive? What can/do you do to be better than the competition? What should/can you change to improve your competitive position?
Five-Star makes several purchases in which it pays too much. Ernie approves all the transactions without evaluating them.
What is the EMV for Option 1 and 2 in the following decision table? Which one would you choose and why?
Find the least cost of transporting the material. (All assumptions of the transportation model holds, such as the linearity of the cost of shipment)
How does the action relate to the national culture, particularly its laws? If the action conforms to the law, then it is right.
One way Mars, Inc uses its marketing mix is to build positive, long-term connections with Iams customers.
How and why does procurement contribute to the success of an organization? What are some procurement-related factors that support success?
Develop, analyze, and explain requirements that could be used in the personnel selection process for management positions in the company
In planning organizational objectives items such as cost, service, and desired position in the market place must be taken into consideration.
Categorize different scheduling procedures for various types of service operations, such as restaurants, hospitals, and airlines. Your initial post should include explanations and examples and be 200-250 words.
Suppose you wanted to build a new student union at your school. What would you need to do to make this happen if you used a rational versus emotional approach to organizational change?
Is it possible for a world-class organization to achieve superiority in all five major competitive priorities?
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